Today we look back at an historic first quarter of the year and look forward to celebrating Jesus death on a cross to atone for our sins.

The Executive Property Summary

Dear {{contact.first_name}}

Today we look back at an historic first quarter of the year and look forward to celebrating Jesus death on a cross to atone for our sins.

Statistically over 80% of South African choose Christianity as their chosen faith.

Yet our reality on the ground does not reflect what Christian values or behavior should.

With crime at record levels and many aspects of our society being among the worst in the world, including unemployment, education and violent and gender based crimes.

A recent study rated South Africa as the hardest country in the world to do business in.

We are at a crossroads as a nation.

Our hearts have become hard and our skins thick as we push through and struggle on.

Tired of empty promises and fully aware of the lawlessness, corruption and disfunction in government and all around us.

Cyril realised Johannesburg needs work...

https://explain.co.za/2025/03/11/joburg-is-falling-apart-ramaphosa-is-shocked-just-in-time-for-the-g20/

While sharing his take on expropristion without compensation.

https://dailyinvestor.com/property/81198/cyril-ramaphosa-says-government-can-use-new-expropriation-law-to-take-buildings-without-paying/

With ideas about expropristion of inner city buildings framed as a "solution" to a problem the government created.

https://www.timeslive.co.za/news/south-africa/2025-03-13-public-works-deputy-minister-calls-for-expropriation-of-hijacked-buildings-in-johannesburg/

On the positive side a landmark court ruling ordered the city of Joburg to pay R12 million in compensation to a property owner for not providing alternative housing to occupants.

https://www.iol.co.za/capetimes/news/judge-hits-city-of-joburg-with-r12m-penalty-c4037d0f-958f-456d-b929-04f7c3c03572

We are a strong and resilient people. Diverse in our ways and steadfast in our faith, ons maak n plan.

Will we humble ourselves and pray and seek His face? Turn from our wicked ways and return to the one true God.

If we do He promises to forgive our sins and heal our land.

2 Chronicles 7:14.

Our future does not need to be defined by our sins, crimes and demons of the past.

Jesus death on the cross has washed us clean of ALL our past transgressions.

Our future must be led by steps of faith, dispite impossible odds. It is time for revival olin our land. A revival both spiritual and moral.

His resurrection gives us hope and victory if we follow in His footsteps and call him Lord.

Not by might, not by power, but by His holy spirit we are made new and transformed into the likeness of the risen King.

Let us not forget the impact of our actions today on the future we create tomorrow.

Let us continue to humbly and boldly create the future we want to see together 🙌🏻🙏🏻

Yours in property 

Jacques Grove

Principal and Dreamer

ECONOMIC NEWS

South Africa wants to boost ties with the country responsible for 200,000 local jobs.

The visit comes as South Africa looks to bolster international partnerships in light of the current geopolitical challenges confronting the nation and the global community.

South African central bank cuts rates and doubles down on lower inflation target.

The South African Reserve Bank (SARB) cut its repo rate by 25 basis points (bps) to 7.25% lowering its inflation and economic growth forecasts for this year and next.

What to expect from interest rates, and major blow to Trump’s tariffs plan.

The majority of economists polled by Reuters and Bloomberg expect the bank to cut its main lending rate by 25 basis points. However, a significant minority, including local economists, think the rate could be left unchanged.

PROPERTY MARKET NEWS

Cape Town makes changes after 20% rate hike fury.

Following significant backlash from residents, particularly in the middle class, the City of Cape Town has revised some budget items tabled in March, extending rate relief measures to cover higher value homes.

Joburg South’s R27 Billion Mega City Project Begins.

After years of delay and community frustration, construction is finally underway in the Bushkoppies and Devland regions of Joburg South, offering new hope to residents in areas like Diepkloof, Freedom Park, Eldorado Park, and Naturena.

PROPERTY INDUSTRY NEWS

East London attorney wins back ownership of farm after protracted court battle.

An East London attorney has, after a long legal battle, won back ownership of a farm in Buffalo City (East London) that he was forced to sell to the municipality under the threat of expropriation.

South Africa needs Starlink.

Billionaire Johann Rupert has told U.S. President Donald Trump that South Africa needs satellite broadband service Starlink.

Warning to South Africans looking to buy a house in a security estate.

Beyond the purchase price, buyers should budget at least R200,000 to R250,000 in additional upfront costs.

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